No Need to Fix Medicare Part D

By | January 7, 2013

Medicare Part D  is not broken. According to this article, Medicare Part D cost the government less than when it at the beginning.

… additional statistics from a recent survey by Medicare Today found that: 

  » While overall Medicare costs have gone up, Part D projections remain 43 percent below expectations during the initial 2004-2013 forecast and

  » Ninety percent of Medicare Part D enrollees report being satisfied with the coverage offered through the program. 

The Journal of the American Medical Association (JAMA) concluded that Part D results in $1,200 per year reduction in non-drug medical spending for each individual who previously had limited drug coverage — a $13.4 billion saving during the program’s first year alone.

 Medicare Part D costs may increase if congress adds Medicaid style rebates. Read the full article from